Small Business Jobs Act of 2010
Sponsor: BARNEY FRANK (D-MA)
Small Business Jobs Act of 2010 - Title I: Small Businesses - Subtitle A: Small Business Access to Credit - Small Business Job Creation and Access to Capital Act of 2010 - Part I: Next Steps for Main Street Credit Availability - (Sec. 1111) Amends the Small Business Act to increase temporarily (until January 1, 2011) to 90% the maximum Small Business Administration (SBA) participation in a loan on a deferred basis under the section 7(a) (general small business loans) guaranteed loan program. Reduces SBA participation in a loan on a deferred basis, after December 31, 2010, from 90% back to: (1) 75% of a loan balance exceeding $150,000; and (2) 85% of a loan balance equal to or less than $150,000.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 0.7% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 61 | 68.4% |
| Nay | Lost | 38 | 30.8% |
| Not represented on this question | No position taken | 0 | 0.7% |